The number of units that must be sold for the total revenue to equal the total cost is called the ____ quantity.
A) breakeven
B) stabilization
C) intersect
D) parity
E) equalization

Question

Quizplus · Accepted Answer

The term used to describe the point where total revenue equals total cost is called the breakeven point. At this point, there is neither profit nor loss. It is a crucial point for businesses to calculate as it determines the minimum number of units that need to be sold to cover all costs.

The Number of Units That Must Be Sold for the Total